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Padilla has also held senior regional roles at Cooper Gay and Swiss Re. -
The executive also worked at JLT Re as head of LatAm and Caribbean analytics.
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The new wholesale broking team will begin with professional liability, Acrisure said.
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The transaction would be one of the largest strategic-on-strategic deals ever in the broking space.
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Casualty will likely fuel some of the E&S growth, the executive said.
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The binding authority market is also “ripe” for consolidation, the CEO said.
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In Q2, median property price increases decelerated to 2.3%.
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The region has 13 offices across Texas and Louisiana.
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Top concerns also included medical cost inflation and employee benefit costs.
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Pockets in the business are still experiencing significant stress, she added.
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Increased antitrust activity and the NFIP’s dissolution would present new challenges for the industry.
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The executive has also served as agriculture reinsurance VP at Navigators.
